Gulf markets end muted; Qatar extends gain
Most stock markets in the Gulf were subdued on Thursday as investors turned cautious ahead of crucial U.S. job data this week for further clues on the timing of rate cuts by the Federal Reserve. Markets see a 70% chance of a September rate reduction, and have priced in about two cuts this year. Forecasters polled by […]
Citi emphasizes regulatory fixes as it lays out growth targets
Citigroup (C.N), is stepping up efforts to fix regulatory problems as it seeks to boost future profits, the bank’s top executives told investors on Tuesday. The lender has faced regulatory challenges tied to its so-called living will, which details how it would be unwound in the event of bankruptcy. It is also addressing regulatory punishments handed […]